Settings8H · net · $10k
Funding arb · Price arb /

TWT

all TWT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.097%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$309as in the Funding arb table
Net, price: spread back to 7d avg − costs−$327as in the Price arb table
costs, in and out, $10k−$3123.124% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 7 days+0.122%+$12 · spread now −0.097%, 7d avg +0.044%
Together, before fees+0.161%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.142% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TWTUSDTM0.58510.0100pay 0.0050% / 4h2h 05m$824K$828K30x
ShortBybit TWTUSDT0.58450.0100get 0.0050% / 4h2h 05m$5.2M$859K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.097% → +0.044%
−$14.15
Slippage, 4 orders
−$289.42
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$326.58
Costs to cover
3.124%
Break-even
never at this rate
Slippage from KuCoin: live order book, 44 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 44 min ago5.15 bp128.0 bp −$128429.4 bp −$4,294doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.42 bp32.9 bp −$33133.0 bp −$1,330doesn't fitdoesn't fit

TWT on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TWTUSDT+0.0100%4h0.5842−0.150%$3.8M$2.2M75xas long as short
Bybit TWTUSDTshort+0.0100%4h0.5845−0.097%$5.2M$859K25x
Gate TWT_USDT+0.0100%8h0.5845−0.097%$263K$106K50xas long as short
MEXC TWT_USDT+0.0100%4h0.5842−0.149%$6.8M$164K125xas long as short
KuCoin TWTUSDTMlong+0.0100%4h0.5851long leg$824K$828K30x
BingX TWT-USDT+0.0100%4h0.5844−0.115%$2.5Mas long as short
Variational Omni TWT+0.0100%4h0.5843−0.132%$223K$1Kas long as short
BloFin TWT-USDT+0.0119%4h0.5839−0.200%$248K$12K75xas long as short